Ihi Corp (OTCMKTS:IHICY – Get Free Report) shares gapped up before the market opened on Friday . The stock had previously closed at $15.36, but opened at $16.30. IHI shares last traded at $16.05, with a volume of 3,889 shares.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded shares of IHI from a “strong sell” rating to a “hold” rating in a research note on Friday, February 20th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, IHI presently has a consensus rating of “Hold”.
Read Our Latest Analysis on IHI
IHI Stock Up 0.3%
IHI (OTCMKTS:IHICY – Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.46 earnings per share for the quarter. The company had revenue of $3.28 billion during the quarter.
About IHI
IHI Corporation (OTCMKTS: IHICY) is a Japanese engineering and industrial conglomerate originally known as Ishikawajima‑Harima Heavy Industries. Headquartered in Tokyo, the company designs, manufactures and services a broad range of heavy machinery, equipment and integrated systems for industrial and infrastructure markets. Its securities are available to international investors through American depositary receipts that trade over the counter under the symbol IHICY.
IHI’s principal activities span several sectors, including aerospace, energy and industrial machinery.
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